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Home / Metal News / Long steel social inventories in Guangzhou extend gains by 2.3% on week

Long steel social inventories in Guangzhou extend gains by 2.3% on week

Sep 11, 2019 10:56

Source:SMM

Stocks 2.3% from a week ago to 881,300 mt as of Sep 11

SHANGHAI, Sep 11 (SMM) – Social inventories of long steel, including wire rods and rebar, in Guangzhou of Guangdong province, rose this week for a second straight week, gaining 2.3% from a week ago to 881,300 mt as of Wednesday September 11, showed SMM data.

The stocks were 20.96% higher than the same period last year.

Rebar accounted for 462,400 mt, up 0.87% from a week ago and 6.77% from a year ago.

Stocks of wire rods rose 3.92% week on week and 41.76% year on year to 418,900 mt.

Inventory data

Long steel

Rebar

Wire rods

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Long steel social inventories in Guangzhou fell 114,700 mt on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 114,700 mt, in the week ended April 7 to 1.91 million mt, showed SMM data. Stocks were 336,100 mt lower than the same period last year.

Apr 7, 2021 17:08

Analysis

Long steel social inventories in Guangzhou fell 114,700 mt on week

Long steel social inventories in Guangzhou rose 5.57% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou increased 5.57%, or 123,500 mt, in the week ended March 3 to 2.34 million mt, showed SMM data. Stocks were 0.22% lower than the same period last year.

Mar 4, 2021 09:52

Analysis

Long steel social inventories in Guangzhou rose 5.57% on week

Long steel social inventories in Guangzhou fell 2.15% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 2.15%, or 28,900 mt, in the week ended October 28 to 1.32 million mt, showed SMM data. Stocks were 90.6% higher than the same period last year.

Oct 29, 2020 08:49

Analysis

Long steel social inventories in Guangzhou fell 2.15% on week

Scheduled rebar production down 3.32% in August

Planned output of construction steel rebar across China’s major blast furnace steelmakers is estimated to fall 3.32% from the realised production in July to 8.88 million mt in August, showed an SMM survey.

Aug 12, 2020 16:35

Analysis

Scheduled rebar production down 3.32% in August

CISA: Steel products inventories in China accelerated decline in mid-June

Social inventories of five types of steel products in 20 cities in China continued their downward trend in mid-June, at a faster pace, following after a peak level in early March, according to a survey by China Iron and Steel Association (CISA).

Jun 24, 2020 10:56

Analysis

CISA: Steel products inventories in China accelerated decline in mid-June

Long steel social inventories in Guangzhou shrank 6.8% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou posted slower declines this week, decreasing 6.83%, or 120,200 mt, from a week ago to 1.64 million mt as of Wednesday May 20, smaller than a drop of 9.53% in the previous week, showed SMM data.

May 20, 2020 15:39

Analysis

Long steel social inventories in Guangzhou shrank 6.8% on week

Weaker demand in north China grew rebar inventories at steel mills

But overall stocks across steel mills and social warehouses extended decline

Oct 25, 2019 16:21

Analysis

Weaker demand in north China grew rebar inventories at steel mills

Long steel social inventories in Guangzhou rise after 6-week decline

Stocks increased 4.1% week on week as of Sep 4, compared to a drop of 1.3% in the week to Aug 28

Sep 4, 2019 12:05

Analysis

Long steel social inventories in Guangzhou rise after 6-week decline

Long steel social inventories in Guangzhou fall for 2 weeks

Stocks decreased by 6.83% from a week ago to stand at 980,100 mt as of Jul 31

Jul 31, 2019 11:46

Analysis

Long steel social inventories in Guangzhou fall for 2 weeks

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Long steel social inventories in Guangzhou extend gains by 2.3% on week

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NET ZERO MEA - Solar & Energy Storage

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